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Course Outline
Introduction to SWIFT
- Overview of the SWIFT ecosystem
- Comprehending the SWIFT network structure
- Interpreting and utilizing SWIFT codes
- Foundations of SWIFT messaging
The SWIFT Environment
- Configuring a SWIFT terminal
- SWIFT encryption, authentication, and regulatory compliance
- Utilizing the user handbook and documentation
Executing SWIFT Transfers
- Preparation for initiating a transfer
- Drafting SWIFT messages
- Analyzing charges, exchange rates, and currency conversion in international transfers
- Addressing errors and message rejections
Compliance and Risk Management
- Anti-money laundering (AML) and Counter-terrorist financing (CTF) implications
- The role of Know Your Customer (KYC) in SWIFT transfers
- Monitoring, reporting tools, and industry best practices
Advanced SWIFT Operations
- Investigating supplementary SWIFT services
- Integration with internal banking systems
- Emerging trends in SWIFT technology
Summary and Next Steps
Requirements
- Familiarity with fundamental banking operations
Audience
- Banking professionals
- Finance officers
7 Hours
Testimonials (4)
How to manage business financials
surprise mtileni - Hatima Holdings (Pty) ltd
Course - Learning Xero
Good communication, open for discussion, kept it interesting and engaging
Ahmet Keyman - Keytrade AG
Course - Management Accounting and Finance for Non-Finance Professionals
Experience of the trainer and his way of conveying the content
Roggli Marc - Bechtle Schweiz AG
Course - FinOps
The trainer did not leave a single minute unexploited! He was up a storm throughout every lesson and provided much material for whatever he dealt with.